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20121108
20121116
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, but there is no sign of that. president obama and speaker john boehner laid out their position today that sounded like they're positions. >> this is a restart between high-stakes negotiations between two men. they are starting where they left off, far apart. in a speech at the white house, president obama claimed the election proved most americans agreed with his plan, that he calls balanced, cutting spending and hiking taxes to avoid the fiscal clef. he said he is flexible, but -- >> i refuse to accept any approach that is not balanced. i am not going to ask students and seniors and middle-class families to pay down the entire deficit while people like me making over $250,000 are not asked to pay a dime more in taxes. >> the main republican negotiator will be speaker john boehner. >> the problem with raising tax rates on the wealthy americans is that more than half of them are small business owners. we know from ernst and young, 700,000 jobs would be destroyed. >> john boehner insists the middle class and the government would get more money if tax rates dropped. >> we know we will get more economic g
elected us to focus on your jobs, not ours. >> the president and john boehner are each drawing a line in the sand on letting the bush era tax cuts expire for americans making more than $250,000 a year. the speaker wants the tax overhaul that raises money by cutting loopholes. if they cannot hammer out a spending deal by the end of the year, the nation goes over the so-called fiscal cliff and taxes go up for everyone. an average of $500 per household, and there will be deep, automatic spending cuts that could hobble the economy. republican sandoval the president to address the real problem. the real problem is uncontrolled entitlement spending and a government that has grown massively. >> democrats and republicans will have to compromise just like the president and his party did after getting walloped in the 2010 election. >> would cut $900 million in spending that was painful to us. >> in washington, a high-stakes search for middle ground. brian moore, wbal-tv 11 news. >> there is more fallout tonight for lance armstrong. >> why he has completely decided to cut ties with his organizat
Search Results 0 to 1 of about 2